Traditional methods of multi-tier mapping involve sending forms to Tier 1 suppliers and subsequently to Tier 2 suppliers. This process is not only cumbersome and time-consuming but also requires you to ensure the data is accurate and current, creating even more hurdles. However, utilizing AI eliminates the need to send out forms. AI can identify multi-tier risks without requiring any direct supplier information (you don’t even need to inform them). It also drastically reduces setup time and mitigates the risk associated with relying on outdated or incorrect information.
Did you know supply chain multi-tier mapping is one of the most talked about topics when we speak with supply chain execs? Benefits of multi-tier mapping software include production planning, risk mitigation, supplier performance evaluation and so much more. However, it is also crucial to understand both the pros and cons of these platforms to make informed decisions for your org. To get a full-scope of everything you need to know about multi-tier mapping software, you can read more about them here: https://lnkd.in/gm7ZmJpF #supplychain #multitiermapping #inventorymanagement #riskmitigation #ai
